Some 97,000 tons of industrial products valued at $8 million were exported from North Khorasan Province during the first four months of the current Iranian year (started March 21), indicating an…
Domestic Economy
Construction of the country’s first international exhibition town was launched in Isfahan on Thursday in the presence of Foreign Minister Mohammad Javad Zarif and Isfahan Provincial Governor…
Achieving the 8% annual economic growth as envisioned in the sixth five-year economic development plan (2016-21) requires growth of at least 12% in the industrial and mining sector, according to…
Measures taken by President Hassan Rouhani’s administration have resulted in the improvement of trade balance in the agriculture sector by $2.5 billion, said the deputy agriculture minister in…
Emirates SkyCargo, the freight division of Emirates, is set to increase its cargo capacity to Iran when parent passenger airline Emirates begins its five daily non-stop flights to Mashhad from…
Pakistan is framing a five-year trade and investment plan with Iran under the new scenario where the Islamic Republic has struck a nuclear deal with major world powers and is foreseeing the…
Iran is planning to embark on joint venture production of clothes with Turkey in Maku Free Trade Zone, announced the managing director of the FTZ. “The high import tariffs on apparel have caused…
Ukraine’s Minister of Economy and Trade Aivaras Abromavičius accompanied by a trade delegation is scheduled to arrive in Tehran for a three-day visit on September 14 to expand bilateral trade ties…
The exports of chicken and eggs to Iraq and Afghanistan have resumed, announced deputy minister of agriculture for livestock production affairs.
The 8th International Stones, Mines and Related Industries Exhibition will be held on October 11-14 in the city of Mahallat in Markazi Province, says the exhibition’s organizer Mohammad Hallajian…
Sri Lanka will once again commence exporting tea to Iran as of November, says Colombo Tea Trader’s Association Chairman Anselm Perera.
More than one million tons of dates will be produced this Iranian year (started March 21), said the general director of Tropical and Subtropical Fruits Department of Agricultural Jihad Ministry.…
Iran and Tajikistan have signed a memorandum on cooperation in the field of air transport, AKIpress reported. According to the agreement, the frequency of regular flights will be increased to 10…
The minister of roads and urban development said Monday Iran will have to rely on foreign investment for at least the next ten years if it wants to reach its infrastructure targets, as a pile of…
Russia annually imports more than $35 billion worth of foodstuffs due to lacking infrastructure for domestic production, presenting a tremendous opportunity for Iran’s food industry to enter the…
Deputy Minister of Economic Affairs and Finance, Shapour Mohammadi says he expects Iran’s ranking in the World Bank’s ease of doing business index to improve in 2016.
Iran ranked 130th in…
Iran expects its economic growth to accelerate next year as the removal of sanctions under a nuclear agreement offsets a global slump in oil prices, a top aide to President Hassan Rouhani said.…
Italy intends to become Iran’s first European partner and play a leading role in the new phase of relations between the two countries, said Cosimo Ferri, Italy's Undersecretary to Justice, in his…
Chairman of the British-Iranian Chamber of Commerce, Norman Lamont has welcomed the reopening of the British Embassy in Iran and expressed hope that it will help improve economic relations between…
Goods and services Consumer Price Index for urban areas increased 13.8% in the 12-month period ending August 22, which marks the end of the fifth month of the Iranian year Mordad, compared to the…
Foreign firms have invested about $1.7 billion in East Azerbaijan Province, says the director general of the Economic Affairs and Finance Office of East Azerbaijan Province. “The $1.2-billion…
About 1.5 tons of caviar will be produced this Iranian year (started March 21), said the head of Iran’s Fisheries Organization, adding that there are currently 50 active sturgeon farms across the…
To make furniture, Iran has to import wood from Georgia since the wood available in the country is of low quality, said a member of Tehran Carpenters and Sofa Manufacturers Union, adding that 80%…
Rampant fruit smuggling is threatening the agricultural sector, warned the general director of Tropical and Subtropical Fruits Department of Agricultural Jihad Ministry. “Iran annually produces…
Hide, skin and leather exports have dropped down to half in recent months as a result of high export duties, said the chairman of Hide, Skin and Leather Producers and Exporters Association at the…